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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: jawd who wrote (7889)	6/28/1998 12:58:00 PM
From: put2rich	Read Replies (1) \| Respond to of 164687

<<AMZN is unique in that it was created specifically for the internet. Amazon.com is now a household name worldwide, whereas, Barnes & Nobel is unknown ...>> IBM was once known world-wide but its stocks was never ridiculously overvalued. Now Compaq and Dell and others are well known or better known too. The hype of Amzn can sell any thing to anybody on the earth and take a larger market share from others are still unclear/suspicous/hype/naive. It is easy to double revenue from 150M to 300M, it is almost impossible to double 300M in the same time span; not counting the fierce competition or profits. Agree that in the hindsight it is unwise to short early, but if shorting now at 90+ it is pretty safe and in 2 yrs this one will be worth less than 20. Look at zitl, vvus w/ the hype of y2k or impotence problems worldwide. Amzn reached 100+ due to small float + short squeeze + internet hype, not the intrinsic value of it.

To: jawd who wrote (7889)	6/28/1998 1:16:00 PM
From: Power Player	Read Replies (2) \| Respond to of 164687

jawd, i thought you were a trader! <He who strikes first, normally wins the battle. In my reckoning, there is no other business on the internet that compares with Amazon's current position or its potential. They were the first to hit, and hit hard. I don't see them allowing their business momentum to weaken.> This statement makes you sound like an emotional long! Are you stuck in a long position that you didn't close out Friday? Although i enjoyed some of the ride up on AMZN over the past several weeks i also had a boxed position which i unboxed Friday morning due to what appeared to be a VERY BIG day of distribution on Thursday. I suspect that a great many of the AMZN shares are now held by the retail investor and they are not as quick to pull the "Sell" trigger on what appeared to be a stock that would never come down. IF AMZN closes below the $92 area on Monday it will have successfully closed its gap that occurred at that price level and the gap can then be defined as an "exhaustion gap" a definition of such a gap can be found here securitytrader.com , once these gaps are filled, especially in a case of a short squeeze example like AMZN the trend is over for all practical purposes. As we all know "GREED" has fueled this stock which is clearly obvious from not only its chart but from the WSJ article siting capitulating shorts going long. Now, in my humble opinion the emotions of the holders of this stock have been challenged and "FEAR" will control this stock and at some point in time AMZN will simply be another retailer selling books, albeit with very low profit margins. BTW - I participate very little on SI, however, due to your sarcasm toward others that got "emotionally stuck" with short positions in this short squeeze, i feel compelled to make a statement in their defense, NOT that they have been unable to do so themselves. Trying to get Glen to capitulate on what was clearly a day of distribution was very low and selfserving. PPlayer @ securitytrader.com

To: jawd who wrote (7889)	6/28/1998 1:36:00 PM
From: jason D.	Respond to of 164687

Jawd- <All it takes is a one page press release announcing videos or software to send this stock through the roof again. > This may well true and is a concern of mine, however, they need one of these releases MONDAY MORNING!! <The CEO probably has a stack of such press releases describing new innovations sitting on his desk ready to be fired off one by one at the most appropriate time to ensure continued momentum > Wow . . you really know how to play to the Shorts' fears, don't you? This is, in fact, one of my fears; that AMZN will announce "something big" Monday or Tuesday. However, they just split so I highly doubt it would be split-related. In reality, I doubt the big "good" news is there. In fact, it seems to me there WAS big news at the end of week (out of Bloomberg from a regulatory filing) about how AMZN's financial resources are under "significant strain". This is not what you want to see from a stock that has doubled in less than a month. However, I am not sure when this "regulatory filing" Bloomberg speaks of became available (06/25??)and what kind of effect it could have on Monday or did have on Friday??? I will die Monday morning if CNBC highlights AMZN and does it with Barron's cursory and capitulatory thoughts on AMZN instead of the substantive news from a regulatory filing. That said, I am bearish on AMZN because of technicals, so I stand by my position that AMZN will get absolutely drilled early week descending to the low 80's. Of course, in this case the fundamentals are wonderfully confirming. . . we'll see. Happy Investing! -Jason

To: jawd who wrote (7889)	6/28/1998 2:20:00 PM
From: McNabb Brothers	Read Replies (1) \| Respond to of 164687

<AMZN is unique in that it was created specifically for the internet. Amazon.com is now a household name worldwide, whereas, Barnes & Nobel is unknown.> Amoung investors and traders it has a high brand name profile, but there are many like my mother whom know Barnes & Noble and has never heard of AMZN! <Amazon's new logo states "Books, Music & More" which tells you that they have no plans to limit themselves to Books & Music.> Go to www.walmart.com and they are already selling music, books, and all the other "more" on their website as you mentioned above! So IMO AMZN is already behind Wal*Mart in selling everything! Hank

To: jawd who wrote (7889)	6/28/1998 3:20:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164687

AMZN is unique in that it was created specifically for the internet. Amazon.com is now a household name worldwide, whereas, Barnes & Nobel is unknown. Jawd, It is interesting you said this. I just too a poll of a variety of customers in my two stores. We (my staff included) asked 200 people if they have ever heard of Amazon.com and Barnes and Noble. Twelve had heard of Amazon.com. Two hundred or 100% had heard of Barnes and Noble. Hmmm...what can that mean? Which other newly created internet business can claim such high name recognition? Which other NCIB has so many millions of customers already? Yahoo is internet only and is far more know than Amazon.con. Do not forget the AOL web page which gets far more hits than AMZN. AOL is the king of the internet. Amazon's new logo states "Books, Music & More" which tells you that they have no plans to limit themselves to Books & Music. For instance, on Amazons front page now you can see they are selling a Microsoft Windows 98 Resource Kit (book & CD) - what's to stop them from starting to sell a full range of software tomorrow? How long do you think it'll be before they add videos to the mix? You better start using those "street smarts." This resource book is in fact a book that comes with a CD. It is available on every book site and in every book store. This does not preclude Amazon.con from entering the software business but they better learn to to turn a profit in retail soon. They are burning cash quickly and management is known to not have retail experience. Glenn

To: jawd who wrote (7889)	6/28/1998 3:21:00 PM
From: Mike M	Read Replies (1) \| Respond to of 164687

jawd- << - what's to stop them from starting to sell a full range of software tomorrow? >> Lack of capital... <<How long do you think it'll be before they add videos to the mix? >> How long do you think shareholders will be willing to wait before they start to look like they might make a profit? <<He who strikes first, normally wins the battle.>> Says who?....Wasn't AAPL one of the first to get into the PC business? Was MSFT the first to develop software? Not!... SEBL wasn't the first to get into SFA....etc << In my reckoning, there is no other business on the internet that compares with Amazon's current position or its potential. They were the first to hit, and hit hard. I don't see them allowing their business momentum to weaken.>> Poppycock...Sure, they have done a nice job building name brand recognition...So has WMT, Barnes&Noble, etc...I don't see AMZN able to maintain their momentum, unless they are willing to sacrifice short term stock price and somehow able to figure out how to outretail the retailer....WMT! I have watched a lot of software companies come on like gangbusters and then get ridden out of town on a rail when MSFT took them on "head on"....Seems the same fate might be possible for AMZN....This nearly $5B market cap won't allow for faltering, but the problem seems inevitable....(If it is WMT's goal ($120B market cap) to undercut AMZN, how will AMZN ever become profitable? <<All it takes is a one page press release announcing videos or software to send this stock through the roof again. The CEO probably has a stack of such press releases describing new innovations sitting on his desk ready to be fired off one by one at the most appropriate time to ensure continued momentum. >> With financial resources currently constrained, I think this is doubtful. Takes money and people to get into new lines. It further guarantees a longer time frame before profitability....I would think that AMZN needs to figure out how to make one venture profitable before they go hell bent into another.....I wonder if they wouldn't be better off staying the heck out of WMT's radar...becoming too much of a threat could put them dead into the sights of an erstwhile competitor....with almost unlimited resources! That is just my opinion.... Mike

To: jawd who wrote (7889)	6/28/1998 7:45:00 PM
From: Dwight E. Karlsen	Respond to of 164687

Amazon.com is now a household name worldwide, whereas, Barnes & Nobel is unknown. Au contraire, I quite disagree. Among the general population, Barnes & Noble is quite well known, whereas among the 60% of households operating sans PCs, you can bet they've never heard the name Amazon yet.

To: jawd who wrote (7889)	6/28/1998 10:59:00 PM
From: tonyt	Respond to of 164687

Barnes and Nobel is more widely known than Amazon. Hell, Walmart is more widely known than both! Two years ago, Iomega was more widely knon than Imation (and probably still is!). Even KTEL is more widely known than Amazon. This is not to say that Amazon won't eventually be #1, but it is hardly the 'flagship of internet stocks' as you stated. >I live on a small Caribbean island and even people who are only >remotely interested in the internet are familiar Amazon.com. As I'm sure they are with Yahoo, Exite, C\|Net, etc... Amazon just sells books and CD's. Hardly the stuff of a flagship!